The One Championship has entered into definitive
agreements with a consortium-led by Heliconia Capital Management
for an investment into the company.
With this new partnership, One Championship will
continue to expand and increase the number of live Mixed Martial
Arts (MMA) events across Asia, especially in China.
Chatri Sityodtong, Founder and Chairman of One
Championship, said, “In less than five years, One Championship
has grown into a global brand with a broadcast reach to over 1
billion homes across 118 countries around the world ... As Asia’s largest sports media property and the
2nd largest MMA organization in the world, One Championship will
benefit significantly from Heliconia’s ecosystem, network, and
resources.”
MMA is currently the fastest growing sport,
accelerating exponentially by over 30 times in the past 10 years.
In the past five years, One Championship has accelerated the
growth of MMA in Asia, organising live events
across the region and broadcasting around the world.
Derek
Lau, CEO of Heliconia said, “We believe One Championship can
potentially be the next big thing for consumers in Asia. They have
the right product for Asia, they understand Asia and know how to monetise the value proposition in various ways in the
new economy.
We are really excited to see One Championship taking the lead in
the coming years to grow the sports media and entertainment
industry in Asia.”
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